The Bradstreet As Well As Dun Paydex Business Credit Score
The primary credit score used in the business world is widely known as what does a credit repair service do [just click the following document] Paydex score provided by Bradstreet and Dun.
This particular amount evaluate a business's lending risk much the comparable to a consumer credit rating reflects a consumer's particular credit danger.
Paydex is basically the merchant equivalent of the personal credit score of yours.
The exact definition from Dunn & Bradstreet, or maybe D&B is: The D&B PAYDEX® Score is D&B's one of a kind dollar weighted numerical indication of the way a firm paid the payments of its within the past 12 months, determined by trade experiences reported to D&B by various vendors.
There are numerous BIG differences from a business Paydex score plus an individual FICO consumer score.
Consumer FICO credit scores vary from 350-850. The Paydex Score ranges from 0 100 with hundred being probably the highest score you can get.
Unique credit scores are calculated based on a number of variables.
The Paydex score is calculated based on only a single factor; whether a company makes timely payments to its suppliers and creditors within the agreed upon terms of payment.
This particular amount evaluate a business's lending risk much the comparable to a consumer credit rating reflects a consumer's particular credit danger.
Paydex is basically the merchant equivalent of the personal credit score of yours.
The exact definition from Dunn & Bradstreet, or maybe D&B is: The D&B PAYDEX® Score is D&B's one of a kind dollar weighted numerical indication of the way a firm paid the payments of its within the past 12 months, determined by trade experiences reported to D&B by various vendors.
There are numerous BIG differences from a business Paydex score plus an individual FICO consumer score.
Consumer FICO credit scores vary from 350-850. The Paydex Score ranges from 0 100 with hundred being probably the highest score you can get.
Unique credit scores are calculated based on a number of variables.
The Paydex score is calculated based on only a single factor; whether a company makes timely payments to its suppliers and creditors within the agreed upon terms of payment.